500 Inverness CorsBirmingham, AL 35242

Property Details for 500 Inverness Cors

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

23.62 AC

Property size (Sq ft)

43,723 SF

Property type

Retail properties

Property subtype

Community centers

APN

27360001027008

APU

27360001027008

Description

Located in the thriving Birmingham, Alabama market, Inverness Corners offers exceptional retail space within a well-established shopping center. This prime Shelby County property boasts a total of 241,925 square feet of retail space, with multiple tenancy options available. Currently, there are 17,227 square feet of vacant space ready for immediate occupancy. Units range in size from a minimum of 880 square feet to a maximum contiguous space of 4,635 square feet, providing flexibility for businesses of various scales. The property's address is 500 Inverness Cors, Birmingham, AL 35242. Its strategic location within Shelby County ensures high visibility and accessibility for customers. The property is classified as both retail and land, presenting a unique opportunity for investors and businesses seeking a prominent presence in a bustling commercial area. The diverse range of unit sizes allows for customization and adaptability to suit a variety of retail needs. This is an excellent opportunity to establish or expand your business in a high-traffic location with ample space to accommodate your operations. Contact us today to learn more about the available spaces and leasing options at Inverness Corners.

• CAP approach

  CAP return

  Valuation

  6%

  $13,593,980

  6.5%

  $12,548,289

  7%

  $11,651,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,947,536

  Geo Method

  $21,492,094

• Alternative Use

  Use

  Valuation

  Residential

  $10,584,951

  Hospitality

  $9,695,758

  Educational

  $8,066,757

  Medical

  $8,344,185

  Retail

  $12,548,289

Location Insight

City

Birmingham

County

Shelby

State

Alabama

Latitude

33.4171

Longitude

-86.695

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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